Streetbeat News

Revenues

MCO

Moody's has revised its FY24 revenue outlook, now expecting an increase in the high-teens percent range, up from the previous forecast of a low-teens percent increase.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:14 am

AOS

A.O. Smith has reduced its 2024 adjusted EPS outlook to $3.70-$3.85 from the previous $3.95-$4.10, citing challenges in consumer demand in China and cautious expectations for North American markets. The company also projects net sales of $3.80B-$3.90B, slightly below estimates.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:11 am

UBER

Uber Freight has achieved a significant milestone by managing $750 million in freight for shippers in Mexico. This development highlights Uber's expanding logistics capabilities and its commitment to supporting international shipping operations.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:11 am

FI

Fiserv has raised its organic revenue growth outlook to 16%-17% from the previous 15%-17% and increased its adjusted earnings per share outlook to $8.73-$8.80, compared to the prior view of $8.65-$8.80.

Portfolio Pulse from Nabaparna Bhattacharya

October 22, 2024 | 11:08 am

VFS

VinFast Auto reported delivering 21,912 electric vehicles in Q3, marking a 66% increase quarter-over-quarter and a 116% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:08 am

IPG

Interpublic Group of Companies reported Q3 2024 adjusted EPS of $0.70, meeting expectations, and sales of $2.629 billion, surpassing the estimated $2.302 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:06 am

SHW

Sherwin-Williams projects its Q4 and full-year 2024 net sales to be flat to up by a low-single digit percentage. The company expects an effective tax rate in the low twenty percent range and diluted net income per share between $10.30 and $10.60, with adjusted figures between $11.10 and $11.40.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:06 am

TSLA

Tesla saw a 31% increase in new car registrations in the EU in September, but this rise is insufficient to offset the year's overall decline. Tesla's market share in the EU is now 3.9%, with total registrations down 7.6% year-to-date. Tesla's Q3 earnings are anticipated on Oct. 23.

Portfolio Pulse from Anan Ashraf

October 22, 2024 | 11:06 am

SHW

Sherwin-Williams has reiterated its 2024 adjusted EPS guidance to be between $11.10 and $11.40, slightly below the previous estimate of $11.50. The company expects net sales to be flat to up by a low-single digit percentage.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:04 am

FI

Fiserv reported Q3 earnings of $2.30 per share, surpassing the $2.26 estimate, and sales of $5.21 billion, exceeding the $4.90 billion estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:04 am